Zimbabwe's Year on Year inflation hits record high of 56.90% since dollarisation

[Bulls n Bears]

 <http://www.fbc.co.zw/> 

 

Zimbabwe's official year on year inflation continues to trudge up as
expected and hit a record high of 56.9% since dollarization. Month on month
inflation was up 10.75% in January 2019 per data released by ZimStat.


The December 2018 year on year rate was 42.09%.

 

The month on month Food and Non-Alcoholic Beverages inflation rate stood at
6.94% in January 2019, shedding 2.13 percentage points on the December 2018
rate of 9.07%.

 

The month on month non-food inflation rate stood at 12.83%, gaining 3.82
percentage points on the December 2018 rate of 9.01%.

 

The year on year Food and Non-Alcoholic beverages inflation prone to
transitory shocks stood at 63.71% whilst the Non-food inflation rate was
53.60%.

 

These developments make it increasingly difficult to achieve single digit
inflation for 2019. The Year on Year inflation expected to moderate only in
September 2019 when the measurement bases normalize given that the spike in
price was felt from September 2018.

 

 

Invest Wisely!

Bulls n Bears 

 

Telephone:   <tel:%2B263%204%202927658> +263 4 2927658

Cellphone:      <tel:%2B263%2077%20344%201674> +263 77 344 1674

Alt. Email:    <mailto:info at bulls.co.zw> info at bulls.co.zw  

Website:
<http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw&sa=D&sntz=1&usg=AF
QjCNH8LYgdY55h-XKseuM8Kpr-JKdfhQ> www.bulls.co.zw 

Blog:
<http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw%2Fblog&sa=D&sntz=1
&usg=AFQjCNFoIy6F9IXAiYnSoPSgWDYsr8Sqtw> www.bulls.co.zw/blog

Twitter:                 @bullsbears2010

LinkedIn:              Bulls n Bears Zimbabwe

Facebook:
<http://www.google.com/url?q=http%3A%2F%2Fwww.facebook.com%2FBullsBearsZimba
bwe&sa=D&sntz=1&usg=AFQjCNGhb_A5rp4biV1dGHbgiAhUxQqBXA>
www.facebook.com/BullsBearsZimbabwe

Skype:                  Bulls.Bears 



 

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20190215/ffa7caab/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.jpg
Type: image/jpeg
Size: 32521 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20190215/ffa7caab/attachment-0002.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.jpg
Type: image/jpeg
Size: 4846 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20190215/ffa7caab/attachment-0003.jpg>